by clicking the arrows at the side of the page, or by using the toolbar.
by clicking anywhere on the page.
by dragging the page around when zoomed in.
by clicking anywhere on the page when zoomed in.
web sites or send emails by clicking on hyperlinks.
Email this page to a friend
Search this issue
Index - jump to page or section
Archive - view past issues
Forward Thinking Magazine : December 2010
From a London High Street to your street *Winner of Standard & Poor's Awards: International Equities -- Developed Markets 2010. Standard & Poor's Information Services (Australia) Pty Ltd (ABN: 17 096 167 556, Australian Financial Services Licence Number: 258896) ("Standard & Poor's) Fund Awards are determined using proprietary methodologies. Fund Awards and ratings are solely statements of opinion and do not represent recommendations to purchase, hold, or sell any securities or make any other investment decisions. Ratings are subject to change. For the latest ratings information please visit www.standardandpoors.com.au. ® Macquarie Professional Series is a registered trademark of Macquarie Bank Limited. Investments in the IFP Global Franchise Fund ARSN 111 759 712 (Fund) are offered by Macquarie Investment Management Limited ABN 66 002 867 003 AFSL No. 237492. Investments in the Fund are not deposits with or other liabilities of Macquarie Bank Limited ABN 46 008 583 542 or of any Macquarie Group company and are subject to investment risk, including possible delays in repayment and loss of income or principal invested. Neither Macquarie Bank Limited, Macquarie Investment Management Limited nor any other member company of the Macquarie Group guarantees the performance of the Fund or the repayment of capital from the Fund or any particular rate of return. This information is for advisers only and must not be passed on to retail clients for the purposes of recommending an investment in the Fund or any other financial product or class of products. This document does not contain any financial product advice and has been prepared without taking into account the objectives, financial situation or needs of any particular investor. Before making a decision to invest in the Fund, investors should read the Fund's Product Disclosure Statement (PDS), which is available from us, and consider, with or without their financial adviser, whether the investment fits their objectives, financial situation and needs. Applications for units in the Fund can only be made on an application form contained in the current PDS. Past performance is not a reliable indicator of future performance. You should not base your decision to invest solely upon past performance information.  Relative to MSCI World in the 3 years to 30 September, 2010. ST/MQ/PS/IFP/FT/Nov2010 In 2004, we began a global search to find some of the world's best investment managers for the Macquarie Professional Series. First to come aboard was the team at Independent Franchise Partners (IFP), located just off Oxford Street in London. IFP invests in companies that enjoy a sustainable competitive advantage through difficult-to-replicate intangible assets such as patents, licences and brands you may find on any high street. IFP believes these characteristics are likely to translate into high returns on capital and above average investment returns, with less than average absolute volatility. This high quality approach has yielded impressive results; the IFP Global Franchise Fund outperformed the Global Benchmark by 8.6% per annum during the past three years1. A testament to its track record and approach, IFP was recently awarded the Standard & Poor's International Equities -- Developed Markets Fund Manager of the Year for 2010*. In Australia, the IFP Global Franchise Fund is available exclusively through the Macquarie Professional Series, a collection of truly differentiated specialist investment portfolios. For more information, talk to your Macquarie Business Development Manager or visit our website. IFP Global Franchise Fund To find out more visit macquarie.com.au/professionalseries or call 1800 214 616.